Yes; in fact, all three refineries in southeastern Pennsylvania remain in operation today, thanks to increased development of the Marcellus Shale and other shale formations across the United States.
A recent Philadelphia Business Journal story stated the following:
Philadelphia’s energy sector may be moving closer to the cutting edge than it has been in some time.
The reasons include new owners for its oil refineries; its proximity to the Marcellus Shale; its legacy in power-grid management; and a federal effort to support energy-efficient building technology.
“Philadelphia could be on the forefront of upgrading the old infrastructure and turning it into a valuable platform for the energy industry and the energy world going forward,” said Stephen P. Mullin, a senior vice president and principal with Econsult Corp., a Philadelphia-based economic consulting firm.
